economic theory

heeheeheeheeheeheeheeheeheehee . . .

Drop any environmental regulation and kill the trades unions so i can practice unfettered capitlism, and when i get so, so rich, i promise i'll give you a cut . . . no, really, i will . . .

heeheeheeheeheeheeheeheehee . . .

okseeyahbye

This is a question I've always had as well.

Marxist theory suggests that communism has the potential to benefit all parties.

This query looks like a test question. Will this be on the final, prof?

don_p --

I'm not going to do your homework for you, but I'll refer you to David Friedman's textbook "Price Theory", accessible online here. In particular, you want to read Chapter 6: Simple Trade. The theory you want to know more about is called "Comparative Advantage", and it's discussed about a third of the way down the page.

Hope that helped

Game Theory
I wonder, are you trying to complete an exam like everyone assumes?

I believe that what you are looking for is game theory. I'm not well versed in the economics of game theory, I study the evolutionary implications/applications of this theory. But, if you want to talk about hawks & doves, then I"m your man.

Yes, it has the potential to benefit all parties- the "parties" being the traders themselves, those who own and operate commerce and business. ...not the people at large.